CEW Resources

CEW

FUND SUMMARY

Claymore Equal Weight Banc & Lifeco ETF (the "Fund") has been created to provide investors with a diversified equal weighted investment in a portfolio of Canadian banks and life insurance companies. CEW invests, on an equally weighted basis, in common shares of the largest Canadian banks and Canadian life insurance companies. Inclusion in the CEW Portfolio is based on the following criteria:

  • the minimum market capitalization to be included in the CEW Portfolio is $5 billion for banks and $1.5 billion for life insurance companies; and
  • the companies must be Canadian banking or Canadian life insurance companies.

The Portfolio will be rebalanced (i) semi-annually, to adjust for changes in the market value of investments; and (ii) to reflect the impact of a merger, acquisition or other significant corporate action or event of or affecting one or more of the Canadian banks or life insurance companies in the CEW Portfolio.

Fund Statistics

as of 2/8/10

  MARKET PRICE NAV
Close $6.84 $6.81
Change $0.05 ($0.04)
52-Week High $7.33 $7.36
52-Week Low $3.69 $3.63
Bid/Ask Midpoint $6.84
Bid/Ask Premium (Discount) 0.36 %
Volume 25,200
Shares Outstanding 3,834,000
Total Managed Assets $26,112,464
Total Managed Assets (Common and Advisor) $92,757,312
Price History

Figures are based on market close.

INDEX CHARACTERISTICS

as of 12/31/09

Number of Securities 10
Average Market Capitalization $32.9 Bil
Average Price/Earnings1 21.7 x
Average Price/Book2 1.8 x
Current Dividend Yield 4.07 %

1 Price/Earnings is a valuation ratio of a company's current share price compared to its per-share earnings.
2 A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.

Profile

Symbol (Click for Intraday Price) CEW
Exchange TSX
CUSIP 18384F203
Fund Inception Date 2/6/08
Rebalance Date -
Income Distribution Primarily Canadian Dividend Income
Distribution Schedule (if any) Quarterly
Management Fees 0.55 %
Fiscal Year-End 12/31
Investment Adviser Claymore Investments, Inc.
Index Name -
Index Provider -
RRSP, RRIF, RESP, DPSP, TFSA 100% Eligible
DRIP Yes
PACC Yes
SWP Yes

Top Fund Holdings

as of 2/8/10

INDUSTRIAL ALLIANCE INSURANCE & FINANCIAL 11.01 %
GREAT WEST LIFECO INC 10.63 %
BANK OF MONTREAL (I/L) 10.03 %
BANK OF NOVA SCOTIA CAD 10.00 %
NATIONAL BANK OF CANADA 9.97 %
CANADIAN IMPERIAL BANK OF COMMERCE (I/L) 9.95 %
SUN LIFE FINANCIAL 9.94 %
TORONTO-DOMINION BANK 9.85 %
ROYAL BANK OF CANADA 9.52 %
MANULIFE FINANCIAL CORP 9.09 %
All Holdings

This data is subject to change on a daily basis.

Top Sectors

as of 2/8/10

SECTOR WEIGHTING
Financials 100.00 %
All Sectors

CURRENT DISTRIBUTION

Ex-Date 12/24/09
Record Date 12/30/09
Payable Date 1/7/10
Distribution per Share $0.063000
Distribution History

RISKS AND OTHER CONSIDERATIONS

There is no assurance the Fund will achieve its investment objective. Past performance does not guarantee future results. Index returns do not represent Fund returns. The Index performance results are hypothetical. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed. Their values change frequently and past performance may not be repeated.

An investment in the Fund will be subject to certain risk factors, including: there can be no assurance that the Fund will be able to achieve its distribution or total return objectives; Risk of Error in Replicating the Indices; Equity Risk; Rebalancing and Adjustment Risk; Tracking Error; Calculation and Termination of the Indices; Cease Trading of Constituent Securities; Fluctuations in Net Asset Value; Illiquid Securities; Use of Derivative Instruments; Securities Lending; Trading Price of Units; Potential Conflicts of Interest; Changes in Legislation; Taxation of the Fund; Absence of an Active Market for the Units and Lack of Operating History; Index Investment Strategy Risk; Changes in Dividend Policies; Foreign Investment Risk; Interest Rate Risk.

Commissions, trailing commissions, management fees and expenses all may be associated with fund investments. Please read the prospectus before investing. The indicated rate of return is the historical annual compounded total return including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Funds are not guaranteed, their values change frequently and past performance may not be repeated.